Soverign Gold Bond 2024

[{"selector":"#anim-8825cbf6-d939-4ab8-b57f-f331ed7ccecd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] What is a Soverign Gold Bond The Government of India introduced the Sovereign Gold Bond scheme in November 2015 to offer an alternative investment to physical gold. SGBs are government securities and are considered safe. Their value is denominated in multiples of grams of gold. the maturity period of the Sovereign gold bond is eight years. However you can choose to exit the bond from the fifth year( only on interest payout dates)

[{"selector":"#anim-100eb3ab-ab41-4efd-81be-7b6ab237733c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Where to purchase Soverign Gold Bond If you are looking to purchase an SGB, all you have to do is approach a SEBI-authorised agent or broker. Once you redeem the bond, the corpus(as per the current market value) will be deposited into your registered bank account.

[{"selector":"#anim-092b40fb-399b-4757-ab02-aa25f8772904 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The price history of SGB for FY 2023-24 is:

[{"selector":"#anim-ce00ab82-5c25-49c9-b742-4c041b4be630 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.48124977233768%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Eligibility creiteria for SGB Any Indian resident - Individuals, Trusts, charitable institutions, and universities you may also invest on behalf of a minor

[{"selector":"#anim-36e46b06-47ef-43dc-95e2-f423b33fa36a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] KYC Documentation You must complete KYC by submitting copies of identity proof such as : PAN Card Address proof: Passport or Driving license or Voter's ID card for verification

[{"selector":"#anim-b10e6284-6958-4711-9577-21206287d415 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.499999772451451%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Sovereign Gold Bond 2023-24 series IV Subscription Period : 12th - 16th February 2024 Date of Issuance: 21 February 2024 Investment Limit : 1gm to 4 Kg Interest : 2.5% per annum

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